Kathmere Capital Management LLC Acquires 1,309 Shares of UBS Group AG (NYSE:UBS)

Kathmere Capital Management LLC lifted its holdings in UBS Group AG (NYSE:UBS) by 3.9% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 34,747 shares of the bank’s stock after purchasing an additional 1,309 shares during the period. Kathmere Capital Management LLC’s holdings in UBS Group were worth $1,054,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Aprio Wealth Management LLC raised its stake in UBS Group by 18.6% during the 4th quarter. Aprio Wealth Management LLC now owns 11,383 shares of the bank’s stock worth $345,000 after acquiring an additional 1,785 shares during the period. Wealth Enhancement Advisory Services LLC increased its stake in UBS Group by 1.1% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 106,019 shares of the bank’s stock worth $3,277,000 after buying an additional 1,114 shares in the last quarter. Versant Capital Management Inc bought a new stake in UBS Group during the fourth quarter valued at about $40,000. Logan Capital Management Inc. lifted its position in shares of UBS Group by 4.2% in the third quarter. Logan Capital Management Inc. now owns 88,025 shares of the bank’s stock valued at $2,721,000 after acquiring an additional 3,540 shares in the last quarter. Finally, Oddo BHF Asset Management Sas purchased a new position in UBS Group in the 3rd quarter worth approximately $391,000.

UBS Group Stock Up 0.8 %

Shares of UBS opened at $32.22 on Wednesday. UBS Group AG has a 52-week low of $26.00 and a 52-week high of $33.34. The company has a market cap of $103.31 billion, a PE ratio of 26.85 and a beta of 1.15. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 3.87. The business has a fifty day moving average of $31.66 and a 200 day moving average of $30.94.

UBS Group (NYSE:UBS) last announced its quarterly earnings data on Wednesday, October 30th. The bank reported $0.43 EPS for the quarter, beating the consensus estimate of $0.28 by $0.15. The company had revenue of $19.31 billion for the quarter, compared to the consensus estimate of $11.20 billion. UBS Group had a return on equity of 4.69% and a net margin of 5.13%. During the same quarter in the prior year, the company posted ($0.24) EPS. On average, sell-side analysts expect that UBS Group AG will post 1.73 EPS for the current year.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. StockNews.com upgraded UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, November 1st. Bank of America started coverage on UBS Group in a research note on Thursday, September 19th. They issued a “neutral” rating on the stock. BNP Paribas upgraded UBS Group from a “neutral” rating to an “outperform” rating in a research report on Friday, January 3rd. Finally, Kepler Capital Markets upgraded shares of UBS Group from a “hold” rating to a “buy” rating in a research report on Friday, January 10th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

UBS Group Company Profile

UBS Group AG provides financial advice and solutions to private, institutional, and corporate clients worldwide. It operates through five divisions: Global Wealth Management, Personal & Corporate Banking, Asset Management, Investment Bank, and Non-core and Legacy. The company offers investment advice, estate and wealth planning, investing, corporate and banking, and investment management, as well as mortgage, securities-based, and structured lending solutions.